Imagine a world where every device, from smartphones to household appliances, is connected and communicates with each other? That's the world of the Internet of Things (IoT). IoT is gradually becoming a global technology trend, bringing about incredible breakthroughs for both life and businesses. So, what is IoT? Let's find out about IoT in this article.

What is IoT?

The Internet of Things (IoT) is a network of physical devices embedded with sensors, software, and connected to the internet, allowing them to collect and exchange data. Simply put, IoT makes everyday objects "smarter", capable of automating tasks and interacting with each other. The idea of a network of smart devices was discussed as early as 1982, with a Coca-Cola vending machine at Carnegie Mellon University being customized to become the first Internet-connected device, capable of reporting inventory and the coldness of newly added bottles. In 1999, Kevin Ashton coined the term Internet of Things to describe a system where the Internet is connected to the physical world through sensors.

IoT System Structure

IoT system diagram.

A typical IoT system consists of four main components: physical devices (such as sensors, controllers), gateways that act as bridges between devices and networks, network infrastructure (including wireless and wired networks), and cloud platforms for data processing and storage. The harmonious combination of these components creates a complete IoT system.

Benefits of IoT for Businesses

Increased efficiency

Việc ứng dụng IoT trong doanh nghiệp cho phép tự động hóa nhiều quy trình sản xuất và kinh doanh, giảm thiểu sự can thiệp của con người và giảm thiểu lỗi. Ngoài ra, IoT tạo ra một lượng lớn dữ liệu thời gian thực về hoạt động của doanh nghiệp. Dữ liệu này có thể được sử dụng để theo dõi hiệu suất của máy móc, thiết bị, và quy trình sản xuất, từ đó giúp doanh nghiệp phát hiện và giải quyết các vấn đề một cách nhanh chóng.

Cost savings

In maintenance, IoT sensors monitor the condition of machinery and equipment, helping to detect early signs of failure, thereby reducing downtime and repair costs. In energy management, IoT helps monitor and adjust energy consumption more efficiently, reducing electricity and water costs. Moreover, IoT helps track goods throughout the shipping process, minimizing losses and optimizing shipping routes, saving logistics costs.

Improved customer experience

IoT allows businesses to collect data on customer behavior, thereby providing personalized products and services. This increases customer loyalty and revenue.

Making informed decisions

Based on the large amount of data collected from IoT devices, businesses can make more accurate business decisions. Some IoT systems can even analyze market data and forecast consumer trends, helping businesses adjust production and sales to avoid overstocking and shortages for future campaigns.

Real-world applications of IoT

IoT applications extend from everyday life to business and healthcare. In everyday life, we can control smart devices remotely, from adjusting room temperature to controlling security systems. In business, IoT improves production efficiency and demand forecasting, while reducing waste. Here are some IoT application:

• In Manufacturing: IoT is used to monitor production processes, predict maintenance, and optimize the supply chain.
• In Agriculture: IoT helps farmers monitor soil conditions, weather, and manage irrigation efficiently.
• In Healthcare: IoT is used to monitor personal health, collect important data from patients, support remote treatment, and build smart healthcare systems.
• In Smart Cities: IoT helps manage traffic, energy, and public services more effectively.
• In Smart Homes: IoT automates household appliances, enhances security, and creates a comfortable living space.

Conclusion

More than just a technology trend, IoT is considered a revolution that is changing the way people live and work in the coming decades. Understanding IoT and its applications will help businesses, not just in the technology sector, seize opportunities and be ready for the future.

Join and connect with businesses in the IoT & 5G sector at VIETNAM ICTCOMM - the International Exhibition on Telecommunications, Information Technology, and Communications, taking place from June 12-14, 2025 at the Saigon Exhibition and Convention Center (SECC), 799 Nguyen Van Linh, District 7, Ho Chi Minh City.

Visitor at Vietnam ICTCOMM 2024

Beyond the IoT sector, the 10th return of VIETNAM ICTCOMM opens up a trading bridge for manufacturers, distributors, and startups in the telecommunications, communications, and consumer electronics sectors. This is a rare opportunity to expand your business and bring your products and services to a potential market.

Date: 12 - 14/06/2025

Venue: Saigon Exhibition and Convention Center (SECC) - 799 Nguyễn Văn Linh, Dist 7, HCMC

>> Find out more about VIETNAM ICTCOMM 2025: https://ictcomm.vn/

>> Register to become part of VIETNAM ICTCOMM 2025: https://ictcomm.vn/exhibitors/book-a-stand